Notional tax

[Big Bas]

I have received a number of shares instead of dividends Is it necessary to show the notional tax on a Short tax return or do I wait till I have actually sold the relevant shares ??

[BenDToy]

In the absence of any other answers, I would recommend you show it on your tax return. The notional tax sum is given on the paperwork for a reason. You don't wait 'til you have sold it because it is valued at the price when it is issued.

[dzug]

You show it on your tax return. You received the dividends and immediately bought shares with them in the eyes of the taxman.